Wuxi Lixin Microelectronics Co., Ltd. Board of Directors Compensation and Assessment Committee's Explanation of the Publicity Status and Verification Opinions on the List of Incentive Targets for the 2026 Restricted Stock Incentive Plan

Securities Code: 688601 Securities Abbreviation: Lixin Micro Announcement Number: 2026-009

Wuxi Lixin Microelectronics Co., Ltd.

Board of Directors’ Compensation and Assessment Committee on the Public Disclosure of the List of Incentive Objects for the Company’s 2026 Restricted Stock Incentive Plan and Verification Opinions

The Board of Directors and all directors of our company guarantee that the contents of this announcement do not contain any false records, misleading statements, or major omissions, and shall assume legal responsibility for the authenticity, accuracy, and completeness of its contents in accordance with the law.

Wuxi Lixin Microelectronics Co., Ltd. (hereinafter referred to as “the Company”) held the 16th meeting of the sixth Board of Directors on March 6, 2026, to review and approve the proposal on the “2026 Restricted Stock Incentive Plan (Draft)” and its summary, along with related proposals. In accordance with the “Administrative Measures for Equity Incentives of Listed Companies” (hereinafter referred to as “the Measures”) and other relevant regulations, the Company publicly disclosed the list of proposed incentive objects in the “2026 Restricted Stock Incentive Plan (Draft)” (hereinafter referred to as “the Incentive Plan”) within the company. The Board of Directors’ Compensation and Assessment Committee verified the proposed incentive objects based on the public disclosure, and the relevant public disclosure and verification opinions are as follows:

I. Public Disclosure and Verification Method

1. Public Disclosure

On March 7, 2026, the Company disclosed the “2026 Restricted Stock Incentive Plan (Draft)” and its summary, “Implementation Assessment Management Measures for the 2026 Restricted Stock Incentive Plan,” “List of Incentive Objects for the 2026 Restricted Stock Incentive Plan,” and other documents on the Shanghai Stock Exchange website (www.sse.com.cn).

From March 7, 2026, to March 17, 2026, the Company publicly disclosed the names and positions of the proposed incentive objects in the form of an internal announcement, with a disclosure period of no less than 10 days. Employees could submit opinions to the Board of Directors’ Compensation and Assessment Committee during the disclosure period.

As of the end of the disclosure period, the Board of Directors’ Compensation and Assessment Committee did not receive any objections from employees regarding the proposed incentive objects.

2. Verification Method

The Board of Directors’ Compensation and Assessment Committee verified the list of proposed incentive objects, their identification documents, the labor contracts or employment contracts signed between the proposed incentive objects and the company or its controlling subsidiaries, as well as their positions.

II. Verification Opinions of the Board of Directors’ Compensation and Assessment Committee

Based on the provisions of the Measures, the Articles of Association, and the Incentive Plan, the Board of Directors’ Compensation and Assessment Committee verified the list of proposed incentive objects for this incentive plan and issued the following verification opinions:

1. The personnel included in the list of incentive objects for this incentive plan meet the qualifications stipulated by the “Company Law,” the “Articles of Association,” and other laws, regulations, and normative documents.

2. The incentive objects do not fall under any of the circumstances that disqualify them from being incentive objects as stipulated in the Measures:

(1) Recognized as inappropriate candidates by the stock exchange within the last 12 months;

(2) Recognized as inappropriate candidates by the China Securities Regulatory Commission (CSRC) and its dispatched agencies within the last 12 months;

(3) Subject to administrative penalties or market entry bans by the CSRC and its dispatched agencies within the last 12 months due to major illegal activities;

(4) Having circumstances that disqualify them from serving as directors or senior management as stipulated by the Company Law;

(5) Prohibited by laws and regulations from participating in equity incentives of listed companies;

(6) Other circumstances recognized by the CSRC.

3. The personnel included in the list of incentive objects for this incentive plan meet the conditions for incentive objects as stipulated by the Measures and the “Listing Rules for Stocks on the Sci-Tech Innovation Board of the Shanghai Stock Exchange,” and comply with the conditions for incentive objects set forth in the Incentive Plan.

In summary, the Board of Directors’ Compensation and Assessment Committee believes that all personnel included in the list of incentive objects for this incentive plan meet the conditions stipulated by relevant laws, regulations, and normative documents, and their status as incentive objects for this incentive plan is legal and valid.

This announcement is hereby made.

Wuxi Lixin Microelectronics Co., Ltd.

Board of Directors’ Compensation and Assessment Committee

March 18, 2026

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